Choose the Word or Phrase in [ ] Which Will

question 166

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Exchange-traded funds are investment company shares that trade [at day's close | throughout the day] on stock exchanges.

Assess the financial health and performance of a company through comprehensive financial analysis.

Understand the core financial ratios and their significance in evaluating a company's financial health.

Calculate and interpret liquidity ratios such as the current ratio and times interest earned.

Calculate and interpret efficiency ratios such as accounts receivable turnover and inventory turnover.

---

Definitions:

Investment Opportunity

A potential situation where an individual or organization can invest capital with the expectation of achieving a return.

Profit Center

A business unit or division that is responsible for generating its own revenue and profit, with its financial performance being tracked separately.

Investment Center

A segment or area of a business responsible for its own revenue, expenses, and assets, and its performance is measured by its return on investment.

Fixed Expenses

These are costs that do not change with the level of production or sales, such as rent, salaries, and insurance.